49296 results returned for search: "" category ("Other" AND "Business")
YTB International Inc., which has recruited around 700 members to its multi-level marketing network in Bermuda, has announced that subsidiary YTB Travel Network held the most successful travel trade show in its history, earlier this month.
The two-da...
DATE: Sep 22, 2008
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Lancashire Holdings Ltd. and its subsidiaries have announced they do not have any holdings in securities issued by Lehman Brothers, Washington Mutual or American International Group.
Lancashire also has no exposure to common or preferred shares issue...
DATE: Sep 22, 2008
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In the wake of the American International Group (AIG) bailout and a turbulent week on Wall Street, Bermuda's re/insurance industry will be looking to reduce their exposure to sub-prime and credit crisis and take advantage of new business and clients....
DATE: Sep 22, 2008
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The sweeping financial rescue package announced by the government on Friday marks the latest phase of a wrenching upheaval that has reshaped the US financial system in recent months.
Here is rundown of major developments:
— March 16. Bear Stearns Cos...
DATE: Sep 22, 2008
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These are eventful and tumultuous times in the financial markets as the deleveraging process continues. The US government is intervening extensively in the markets, aiming for a semblance of calm. Its actions may have prevented contagion, but they ha...
DATE: Sep 22, 2008
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Stocks tumbled across the board, not just globally and in the US, but on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
All sectors were hit, with banking taking a big loss, as Bermuda Commercial Bank Ltd. and Butterfield Bank fell b...
DATE: Sep 22, 2008
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Budding young Bermudian technology students got a boost in their computer careers from the Professional and Career Education Division of the Bermuda College (PACE) in achieving their ICDL certifications.
PACE helped three students achieve ICDL Comple...
DATE: Sep 22, 2008
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OTTAWA (Reuters) - Safe-haven investments are suddenly sexy as shell-shocked investors look for protection from market turmoil, but a handful of stocks may actually benefit from the turbulence, strategists say.
While a dramatic US plan to tackle toxi...
DATE: Sep 22, 2008
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American International Group Inc. (AIG), which was bailed out by an $85 billion government loan on Tuesday night, not only has posted billions of dollars in losses in its financial services operations but its more traditional insurance operations are...
DATE: Sep 22, 2008
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NEW YORK (Reuters) - The yen fell on Friday and was set for its worst one-day drop versus the dollar in over five months as steps by US authorities to boost morale in distressed financial markets revived global appetite for risky trades.
US Treasury ...
DATE: Sep 22, 2008
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